With an accounting debit credit cheat sheet , you know exactly which accounts to use for common transactions in bookkeeping. With accounting, you don’t have to assess when it’s time to make a record of sales, write checks or purchase more inventory. The sheet will tell you to credit cash and debit rent expense when paying your rent. It’s a strong benefit for people just starting out with bookkeeping or those with few employees. Reliable use of it increases your self-assurance and helps you keep accurate financial records.